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Nonprofit · EIN 34-1613011

AMERICAN REAL ESTATE SOCIETY FOUNDATION

Tax-exempt · AUBURN, AL 36849

Financials

$59K$24K2023$160K$23K2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN REAL ESTATE SOCIETY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$160,286$23,458$136,828$1,664,347$0$1,664,347
December 31, 2023990$58,597$24,318$34,279$1,319,542$0$1,319,542
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,000
Program service revenue
$0
Investment income
$159,286
Net gain from sales of assets
$92,962
Other revenue
$0

Expenses

Grants and similar amounts paid
$10,989
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,200
Program services (functional)
$10,989
Management and general (functional)
$12,469

Balance sheet and other

Total assets, start of year
$1,319,542
Total assets, end of year
$1,664,347
Total liabilities, end of year
$0
Net assets, end of year
$1,664,347
Gross receipts
$2,828,635
Employees
0
Volunteers
16
Year formed
1987
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ARTHUR L SCHWARTZ JRDIR EMERITUS
Trustee or director
–$0
DAVID L FUNKEXEC DIRECTOR
Trustee or director
–$0
VIVEK SAHPRESIDENT
Trustee or director
–$0
KIMBERLY GOODWINDIRECTOR
Trustee or director
–$0
PHILIP SEAGRAVESDIRECTOR
Trustee or director
–$0
SIMON STEVENSONDIRECTOR
Trustee or director
–$0
SOFIA DERMISIDIRECTOR
Trustee or director
–$0
KEN JOHNSONDIRECTOR
Trustee or director
–$0
ELAINE WORZALADIR CHAIR
Trustee or director
–$0
JEREMY GABEDIR DOCTORAL PR
Trustee or director
–$0
JUSTIN D BENEFIELDDIR TREASURER
Trustee or director
–$0
SPENSER ROBINSONDIRECTOR
Trustee or director
–$0
KAREN MCGRATHDIR DEVELOPMENT
Trustee or director
–$0
KAREN GIBLERDIR INTL LIASON
Trustee or director
–$0
KOLA AKINSOMIDIR INTL LIASON
Trustee or director
–$0
2 more people on this return
NameTitleHours / weekCompensation
GLENN MUELLERDIRECTOR SECRETARY
Trustee or director
–$0
ALAN TIDWELLDIR PRESIDENT
Trustee or director
–$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
ARTHUR L SCHWARTZ JRDIR EMERITUS
Trustee or director
0$0
DAVID L FUNKEXEC DIRECTOR
Trustee or director
0$0
VIVEK SAHPresident
Trustee or director
0$0
KIMBERLY GOODWINDirector
Trustee or director
0$0
CHRIS MANNINGDirector
Trustee or director
0$0
PHILIP SEAGRAVESDirector
Trustee or director
0$0
GLENN MUELLERDIRECTOR SEC'Y
Trustee or director
0$0
SIMON STEVENSONDirector
Trustee or director
0$0
SOFIA DERMISIDirector
Trustee or director
0$0
KEN JOHNSONDirector
Trustee or director
0$0
ELAINE WORZALADIRECTOR CHAIR
Trustee or director
0$0
JEREMY GABEDIR DOCTORAL PR
Trustee or director
0$0
JUSTIN D BENEFIELDDIR TREASURER
Trustee or director
0$0
SPENSER ROBINSONDirector
Trustee or director
0$0
KAREN MCGRATHDIR DEVELOPMENT
Trustee or director
0$0
KAREN GIBLERDIR INTL LIASON
Trustee or director
0$0
KOLA AKINSOMIDIR INTL LIASON
Trustee or director
0$0

Address and contacts

Address (IRS master file)
405 W MAGNOLIA AVE STE 303, AUBURN, AL 36849-5240
In care of
% J D BENEFIELD
Principal officer (990 for 2024)
JUSTIN D BENEFIELD, 405 W MAGNOLIA AVE STE 303, Auburn University, AL 368495240
Signed the 990
JUSTIN D BENEFIELD, DIR TREASURER
Phone
(334) 844-5369
Return prepared by
SAULS CPA & ASSOCIATES LLC

Mission

ENCOURAGE EDUCATION IN MICRO REAL ESTATE

990 for the year ended December 31, 2024

Program accomplishments

  • TRAVEL GRANTS--FUNDS TO COVER TRAVEL EXPENSES OF DOCTORAL STUDENTS TO ATTEND A DOCTORAL SEMINAR TO PRESENT DISSERTATIONS. MULTIPLE TRAVEL GRANTS AWARDED.
    Expenses $10,989

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-1613011
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99Z)
Assets (IRS master file)
$1,664,347
Income (IRS master file)
$2,828,635

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$160,286$23,458$1,664,347XML
990December 2023$58,597$24,318$1,319,542XML
990December 2022$34,591$33,235$1,285,263IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1613011).

Questions about AMERICAN REAL ESTATE SOCIETY FOUNDATION

What is the EIN of AMERICAN REAL ESTATE SOCIETY FOUNDATION?
The employer identification number (EIN) of AMERICAN REAL ESTATE SOCIETY FOUNDATION is 34-1613011.
Is AMERICAN REAL ESTATE SOCIETY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to AMERICAN REAL ESTATE SOCIETY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN REAL ESTATE SOCIETY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN REAL ESTATE SOCIETY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN REAL ESTATE SOCIETY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN REAL ESTATE SOCIETY FOUNDATION?
The 990 for the year ended December 31, 2024 names JUSTIN D BENEFIELD.
Who are the officers and directors of AMERICAN REAL ESTATE SOCIETY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does AMERICAN REAL ESTATE SOCIETY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $160,286, expenses of $23,458 and total assets of $1,664,347 at year end.

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